Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
ViewpointApril 25

Scaling up central banks’ foreign reserve investment in sustainable development

Central banks need to embrace unconventional ideas to support global climate efforts
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Scaling up central banks’ foreign reserve investment in sustainable developmentSerey Chea, governor of the National Bank of Cambodia

Serey Chea is governor of the National Bank of Cambodia

Looking at the large financing gap which exists if we are to achieve the sustainable development and net zero emission goals, it’s hard to overlook central banks’ foreign exchange reserves as another primary source of financing due to its size, which is currently more than $12tn. These reserves can provide an important catalyst to add much-needed momentum to our sustainable development ambitions if a larger portion is diverted to financing them. 

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial